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USD/JPY Forecast October 26, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 24 October 2015 06:15 UTC

The USD/JPY pair initially fell during the course of the session on Friday, but found enough support just above the 120 level to turn things back around and form a very impulsive looking green candle. That being the case, looks as if we are ready to go higher, and a move above the top of the range for the day should send this market towards the 125 handle. Ultimately, if we pullback there should be more than enough support below to continue to pushes market higher anyway. We have no interest whatsoever in selling this market.

 

 

 

 

 

 

 

USD/JPY Forecast October 26, 2015, Technical Analysis

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